12 John Duncan CourtVarsity Lakes QLD 4227
Property Details for 12 John Duncan Ct, Varsity Lakes
Last Listing description (January 2018)
Properties like this are difficult to find and Lacey West are proud to present this Gold Coast investment opportunity in a tightly held commercial pocket of Varsity Lakes.
Features of 12 John Duncan include -
New 5 year lease with options returning $168 000 PA net.
Professional reception, retail shop area & 107m2 executive mezzanine office
Fully fenced site with 25 car spaces and a large truck turning bay
High clearance warehouse with 5 large roller doors ensuring easy access to the building
Other improvements include 2 x 1000L grease traps, large freezer and cool rooms & 2 kitchen/lunchrooms
Fantastic location within 2 minutes of the M1, 5 minutes of Burleigh Shopping Centre & Burleigh beach or Robina Town Centre and 15 minutes to the Gold Coast airport.
Motivated owner seeking offers to purchase.
For more information or to arrange an inspection please contact Lacey West Real Estate.
Property Code: 1462
Property History for 12 John Duncan Ct, Varsity Lakes, QLD 4227
- 06 Nov 2017Sold for $2,225,000
- 11 Oct 2017Listed for Sale $2,395,000
- 18 Jun 2004Sold for $739,200
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About Varsity Lakes 4227
The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of total area. The population of Varsity Lakes in 2016 was 15026 people. By 2021 the population was 16493 showing a population growth of 9.8% in the area during that time. The predominant age group in Varsity Lakes is 30-39 years. Households in Varsity Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Varsity Lakes work in a professional occupation.In 2021, 54.40% of the homes in Varsity Lakes were owner-occupied compared with 51.30% in 2016.
Varsity Lakes has 8,110 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 98.15% increase in median value, while Units have seen a 98.82% increase. As at 31 December 2025:
- The median value for Houses in Varsity Lakes is $1,353,363 while the median value for Units is $910,743.
- Houses have a median rent of $870 while Units have a median rent of $800.
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